Peter Schiff critiques the August CPI report, warns of rising inflation, and reflects on the tragic assassination of Charlie Kirk.This episode is sponsored by NetSuite. Download the free ebook “navigating global trade: 3 insights for leaders” at https://netsuite.com/goldIn this episode of The Peter Schiff Show, host Peter Schiff delves into the latest economic insights surrounding the August Consumer Price Data and its implications for Federal Reserve policy. He critiques government labor market statistics, asserting their unreliability and the significant discrepancies between reported job growth and actual economic conditions. Schiff discusses the potential repercussions of anticipated rate cuts, the rising concerns over inflation, and the implications for gold and silver investments. He also reflects on recent tragic events, including the assassination of prominent political commentator Charlie Kirk, highlighting the societal implications of such violence. Tune in as Schiff navigates these pressing topics, offering his unfiltered perspective on the current economic landscape and its future trajectory.Chapters:00:00 Introduction and Opening Remarks00:58 Anticipation of August Consumer Price Data01:43 Analysis of CPI Report and Fed's Inflation Target03:26 Critique of Government Data and Labor Market04:53 Impact of Job Market on Fed's Rate Decisions07:05 Historical Context and Fed's Policy Shifts07:50 Market Reactions and Predictions22:48 Gold and Silver Investment Insights27:33 Performance of Gold Stocks vs. S&P 50037:22 Economic Outlook and Policy Implications39:38 Economic Challenges and Predictions40:45 The Future of Gold and Inflation42:44 Government Jobs and Economic Impact45:04 Trump's Renaming of Departments47:08 Remembering 9/11 and Its Aftermath48:25 The Tragic Assassination of Charlie Kirk53:18 Racial Double Standards in Media01:02:14 Impact of Welfare Policies on Black Families01:16:49 Concluding Thoughts and ReflectionsFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/newsFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/books#CharlieKirk #Inflation #EconomicOutlookOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related